Simon is no couch slouch, and Benchmarks voice is becoming louder and more recognisable, their clout within the industry is not to be underestimated.
As lithium stocks fall I continue to accumulate and average down. This downward spiral ain’t got much gas left and upward momentum should be sighted on the horizon soon.
Next year will favour those that held and averaged down over the previous 14 months.
I see no headwinds going forth, all commentators with any nouse seem be on the same page. 2019 will be the last year for the doubters to spread their dribble.
I’m all in on these stocks and have no doubts about my investments.
EVs in China are on fire, record after record being broken. Supply of quality lithium will be lucky to increase by 10% per year, demand increasing by 20% and that’s a forecast that will probably be revised upward shortly. India wants to play ball, western countries slower to the pitch but once the arrive global momentum will accelerate.
As Simon mentioned the lack of investment has him stumped, it is required now to ensure supply in order to protect the sectors advancement. We do not want a serious shortage in the next few years as this will hurt industry growth.
It’ll take a few big fish to jump in, and the rest will follow.
Happy days ahead.
AVZ Price at posting:
4.1¢ Sentiment: Buy Disclosure: Held